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Supreme Court to Decide PSLRA Pleading Standard
Brad S. Karp, a partner at Paul, Weiss, Rikind, Wharton & Garrison, and Christopher Hyde Giampapa, an associate at the firm, write that analyze a question recently heard by the Supreme Court: What must a plaintiff allege to state a claim for securities fraud under the Private Securities Litigation Reform Act?Keeping Firm in a Soft Economy
During the late 1990s, while America -- most notably Silicon Valley tech firms -- was getting drunk on the "new economy," Akin, Gump, Strauss, Hauer & Feld was beefing up its bankruptcy practice and Wilmer, Cutler & Pickering was setting deeper roots in regulatory practice. Now, while many reel from the recession, sobriety is paying off at both firms -- and throughout the Washington, D.C., legal market.Cite as: Kiobel v. Royal Dutch Petroleum Co., 06-4800-cv, NYLJ 1202472235126, at *1a,2a (2d Cir., Decided September 17, 2010)Before: Jacobs, Ch.J, Leval, and Ca
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